Duplex with Two Separate
617 W 3rd Street Madison, MN 56256
For Sale
$79,500
MULTI_FAMILY - Madison, MN
Property Size713 SF
Lot Size0.05 Acres
Price / SF$111.50
Days on Market57
Property Features for 617 W 3rd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
1
Bathrooms
1
Rooms
Bedroom 1, Basement, Bathroom 1
Exterior features
Vinyl
Standard status
Active
APN
540299000
Size
713 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
372
Utilities
Heating system
Forced Air
Building Details
Year built
1900
Building materials
Frame
Roof type
Shingle
Listing Agency:
Peterson Team Realty
(320) 598-3344
Listed By:
Dawn G Peterson
(763) 390-3017
Added: Jun 1
Changed: Jun 30
Last Checked: Jul 27 at 10:06AM
MLS# 7084703
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This over/under duplex includes two apartments with their own entrances. The upper unit features a rear entrance, a large kitchen, living and dining areas, a full bathroom, a laundry room, and two bedrooms. The main floor includes one bedroom along with a newly remodeled bathroom, plus living and dining space, a large kitchen, and its own laundry room. The property also includes a partial rear fence and yard area.
As the home sits for this sale, the main floor is currently occupied by the owner, while the upper unit is vacant on purpose. The seller reports that utilities are handled by the owner for the rental unit, and the tenant rent structure is based on the upper apartment. The described utility setup includes water, sewer, electricity, and garbage billed on one account, with separate gas used for heating, estimated separately.
For buyers seeking an income property with live-in flexibility, this layout provides a straightforward option to occupy one level while renting the other. The maintained exterior is supported by recent shingles and siding reported as approximately two years old, and the separate entrances make day-to-day use more convenient for each household.
As the home sits for this sale, the main floor is currently occupied by the owner, while the upper unit is vacant on purpose. The seller reports that utilities are handled by the owner for the rental unit, and the tenant rent structure is based on the upper apartment. The described utility setup includes water, sewer, electricity, and garbage billed on one account, with separate gas used for heating, estimated separately.
For buyers seeking an income property with live-in flexibility, this layout provides a straightforward option to occupy one level while renting the other. The maintained exterior is supported by recent shingles and siding reported as approximately two years old, and the separate entrances make day-to-day use more convenient for each household.
Key Highlights
- 2‑apartment over/under layout with separate entrances
- Currently: top rental is vacant; owner occupies main floor
- $800/month rent reported for the up apartment
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Over/under duplex offers two units with independent access, including a fully equipped upper layout and a remodeled main floor.
Where is this duplex located?
The property is located at 617 W 3rd Street Madison, MN.
What is the asking price?
The asking price for this property is $79,500.
What are key features of this property?
This property features: 2‑apartment over/under layout with separate entrances; Currently: top rental is vacant; owner occupies main floor; $800/month rent reported for the up apartment
